Active Listing  ·  82 days on market

8506 Walhill Cv

Austin, TX 78759
$1,195,000
3 Bed 2 Bath 2,584 sqft $462/sqft Built 1991 1.10 acres 2-Car Garage Pool Twin Mesa

Tucked into the end of a quiet cul de sac on a ~1-ACRE lot on the treasured Steck Valley Greenbelt, just blocks from the upper Bull Creek greenbelt, Walhill Cove is a turnkey beauty in NW Hills. Single story floor plan with treetop views and green space privacy, just minutes from sleepy Mesa Blvd retail & restaurants, or nearby bustle of the Arboretum and The Domain. Highly ranked schools which feed into Anderson High School, this pocket of 78759 doesn’t turnover often.

Three bedrooms include a large primary suite, plus a spacious office with greenbelt views. High ceilings plus ample natural light make the open concept floor plan ideal for family living. Outdoor decks embracing the greenbelt setting provide treetop breezes, bird-watching, and privacy. Lower level outdoor living adds whatever your exterior imagination can conjure up amidst the wild setting.

At $462/sqft, this home is priced 18% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

8506 Walhill Cv, Austin, TX 78759

Property Details

Price $1,195,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,584 sqft
Lot Size 1.10 acres (47,916 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Twin Mesa
County Travis
Zip Code 78759
$/sqft $462/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $20,399.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230034672
List Date May 14, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2308 Crazyhorse Pass
Apache Shore
$1,196,000 $477 4 bd / 3 ba 2,506 sqft , 2026-04-03
3711 Cedar St
Buddington
$1,199,000 $477 4 bd / 4 ba 2,515 sqft , 2026-01-06
4806 Richmond Ave #1
Glenwood Square
$1,199,000 $414 4 bd / 5 ba 2,896 sqft , 2025-10-22
10133 Oliver Dr
Heissner
$1,199,000 $418 4 bd / 3 ba 2,870 sqft , 2026-05-05
1306 Navasota St
Merz Addition
$1,199,000 $433 4 bd / 5 ba 2,770 sqft , 2026-05-21

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$5,736/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$239,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$5,736
Principal + Interest−$6,522
Property Tax (~2.1% TX avg)−$2,091
Insurance (~0.5%)−$498
Est. Monthly Cash Flow $-3,375

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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